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France to bolster security for crypto execs after violent attacks

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French authorities are looking to provide extra security for cryptocurrency executives and their families following a series of high-profile kidnappings and attempted abductions.

France’s Interior Minister Bruno Retailleau made the announcement in a statement on Friday, May 16.

His remarks came as France grapples with a wave of violent attacks targeting leading figures in the crypto industry. The most recent incident involved an attempted abduction in central Paris. Authorities now say they are enhancing protection measures for prominent individuals in the sector and their families.

“These repeated kidnappings of professionals in the crypto sector will be fought with specific tools, both immediate and short-term, to prevent, dissuade and hinder in order to protect the industry,” Politico quoted Retailleau.

The Interior Minister’s meeting with leading crypto executives followed the latest kidnapping attempt.

On Tuesday, masked men tried to abduct the daughter of Pierre Noizat, founder and chief executive officer of the crypto exchange platform Paymium. The attempted kidnapping took place in the heart of Paris and follows two other recent attacks against French crypto entrepreneurs and their families.

Earlier this year, ransom-seeking criminals kidnapped David Balland, co-founder of the cryptocurrency hardware wallet maker Ledger. Balland and his wife were rescued in a coordinated police operation, though the executive was hospitalized after suffering finger mutilation during the ordeal.

Authorities arrested 10 people in connection with the kidnapping and violence. The individuals had demanded ransom in crypto.In some cases, those targeted have paid demanded ransom.

Éric Larchevêque, another Ledger co-founder, commented on Friday’s meeting with Retailleau and law enforcement officials, saying it demonstrated that authorities now understand the scale of the threat.

According to Larchevêque, the global crypto industry has recorded approximately 50 attacks on executives and industry participants over the past year. Of these, more than 25%, or 14 incidents, occurred in France, which he referred to as the “ground zero” of crypto kidnappings.



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Dogecoin Price Tops Tend To Follow Surges In Retail Futures Activity, Analysis Shows

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Dogecoin (DOGE) is up 48.7% over the past month, as the broader crypto market rallies amid easing concerns over a potential global tariff war. Although the leading memecoin has posted impressive gains recently, analysts believe there may still be room for DOGE to climb before reaching a cycle top.

Analyst Identifies Signal That May Predict Dogecoin Top

According to a recent CryptoQuant Quicktake post by contributor burakkemeci, DOGE price tops often align with a surge in retail futures trading activity. The analyst shared the following chart illustrating the relationship between DOGE price peaks and periods of heightened high-frequency futures trading by retail investors.

cq1

The above chart features red bubbles that mark periods of excessive retail trading activity in the DOGE futures market. These bubbles consistently appear near major price peaks, suggesting the market may be overheating during those phases.

In contrast, green and pink bubbles on the chart represent periods with lower retail participation. These phases typically coincide with more stable or “healthier” market conditions, which could offer better entry points for new investors.

The analyst emphasized that monitoring these red bubbles may help both traders and investors anticipate potential short-term tops in DOGE. Spikes in retail participation often reflect heightened market greed - frequently a precursor to sharp price corrections.

At present, Dogecoin futures activity appears to be in a neutral zone, indicating that the asset may still have room to grow before nearing an overheated state. This view is echoed by crypto analyst Anup Dhungana.

In a recent post on X, Dhungana shared the following weekly DOGE chart showing a breakout from a long-term falling wedge pattern - a bullish technical setup that often precedes price rallies. Based on this breakout, the analyst forecasts that DOGE could reach $1 in the current market cycle.

doge

All Eyes On $1 DOGE

The $1 price target has long been a symbolic milestone for Dogecoin enthusiasts. During the 2021 bull run, DOGE reached an all-time high (ATH) of $0.73 but ultimately fell short of the coveted $1 mark.

This time, however, several analysts believe that Dogecoin could finally hit the $1 milestone. Noted crypto analyst Kevin recently pointed to $1.10–$1.25 as a plausible target, based on Fibonacci retracement levels.

However, seasoned market watcher Ali Martinez cautioned that DOGE must first overcome a significant resistance level at $0.36 to sustain its bullish momentum. At press time, DOGE trades at $0.22, up 1% in the past 24 hours.

DOGE



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Ethereum Stuck Between Retail Sell-Off And Whale Accumulation, Analyst Explains

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According to a recent CryptoQuant Quicktake post by on-chain analyst BorisVest, Ethereum (ETH) appears to be stuck in a state of limbo. While retail investors are increasingly sending ETH to exchanges such as Binance – typically a sign of selling pressure – large investors are steadily withdrawing ETH from these platforms, indicating accumulation and long-term confidence.

Ethereum Stuck In A Tug-Of-War

As ETH inches closer to the $2,000 mark for the first time since March 27, market sentiment appears to be shifting. Optimism is building around the potential for a trend reversal, but on-chain data continues to deliver mixed signals regarding Ethereum’s short- to medium-term direction.

In his analysis, BorisVest highlighted that Ethereum metrics from Binance are sending ‘mixed signals.’ While short-term indicators reveal underlying weakness and investor indecision, longer-term metrics point to resilience and strength.

Notably, mean exchange inflows have increased significantly since late 2024, suggesting growing sell pressure from retail traders. This pattern resembles the behavior seen during 2022–2023, when a surge in ETH deposits to exchanges preceded a steep price decline.

inflow
Source: CryptoQuant

Similarly, mean exchange outflows have also been rising steadily since October 2023. However, these outflows are largely linked to whale wallets – addresses holding large amounts of ETH – implying that high-net-worth individuals are accumulating rather than selling. This divergence highlights a classic tug-of-war between retail fear and institutional confidence.

outflow
Source: CryptoQuant

The analyst also pointed to funding rate trends. He noted that during ETH’s rally to $4,000 in early 2025, funding rates became overly positive as bullish sentiment took hold. This over-leveraged long positioning resulted in a sharp correction, driving ETH’s price down to $1,400 by April.

At present, funding rates are hovering in neutral territory, indicating a lack of clear leverage bias. BorisVest noted that if short interest rises and funding rates fall below zero, a short squeeze could ensue – potentially driving prices higher. However, no such setup has formed yet.

funding
Source: CryptoQuant

Meanwhile, the taker buy/sell ratio, which tracks aggressive market orders, showed heavy selling pressure in late 2024 and early 2025 – right before Ethereum’s steep decline. This ratio is now stabilizing, suggesting that sellers may be exhausted and buyers are gradually regaining strength.

Change Of Fortunes For ETH?

Although ETH is down 34.3% over the past year, several technical and on-chain indicators point toward a potential bullish trend reversal for the second-largest cryptocurrency by market cap.

For instance, Ethereum recently flashed a golden cross on the daily chart, a bullish indicator that typically leads to major upward moves. Further, there are signs that the cryptocurrency may have already bottomed out for this market cycle.

That said, uncertainty remains. Recently, machine learning algorithm CoinCodex predicted that ETH may witness another crash that may push its price down to $1,500. At press time, ETH trades at $1,966, up 7.8% in the past 24 hours.

ethereum
ETH trades at $1,966 on the daily chart | Source: ETHUSDT on TradingView.com

Featured image created with Unsplash, charts from CryptoQuant and TradingView.com



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$25 Million Pledge From Ripple Set To Benefit Teachers And Students Across The US

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Este artículo también está disponible en español.

Ripple, the blockchain technology company, has announced a significant commitment of $25 million aimed at supporting US classrooms and teachers.

This initiative is designed to equip both students and educators with essential resources to improve academic outcomes, foster economic resilience, and prepare for a rapidly changing job market.

Ripple’s $25 Million Initiative

Despite the known correlation between educational success and long-term economic opportunity, the blockchain payment company stated on Monday that many classrooms across the country continue to struggle with inadequate resources.

Ripple highlighted a recent Gallup survey that revealed that 55% of US parents and adults expressed dissatisfaction with K-12 education quality, alleging widespread concerns about funding constraints in the education sector.

Ripple’s pledge seeks to address these challenges by providing critical support to students, teachers, and school staff, ultimately helping to rebuild confidence and drive positive results in the classroom.

“Ripple has always championed financial and educational access for all, and we’re partnering with some of the most impactful organizations—DonorsChoose and Teach For America—to benefit thousands of classrooms across the US,” said Brad Garlinghouse, CEO of Ripple.

He emphasized the hope that this initiative will inspire others to contribute, starting with Teacher Appreciation Week and continuing throughout the year to ensure that educators and students have the necessary resources to create a brighter future.

In a unique approach, the majority of the $25 million grant will be disbursed in Ripple USD (RLUSD), the company’s US dollar-backed stablecoin.

Educational Opportunities For Students

Ripple’s partnerships with these organizations will focus on a range of innovative initiatives throughout the year. This includes funding for thousands of classroom projects and teacher requests during Teacher Appreciation Week, supporting Teach For America’s Ignite tutoring program nationwide, and launching a national STEM Innovation Challenge.

Additionally, Ripple unveiled that the collaboration aims to enhance financial literacy among students and educators, equipping them with the skills necessary for success in a dynamic job market.

“Teachers are going the extra mile for their students’ education, even spending hundreds—sometimes thousands—of dollars out-of-pocket for their classrooms,” said Alix Guerrier, CEO of DonorsChoose.

He praised Ripple’s initiative for providing direct support to teachers, enabling them to access materials that enhance learning experiences and set students on a path to a successful future.

Aneesh Sohoni, CEO of Teach For America, expressed gratitude for Ripple’s transformative support. “This funding will expand our Ignite Tutoring Fellows program, drive innovation in our Reinvention Lab, and provide crucial financial assistance to thousands of new corps members during their teacher preparation. With Ripple’s partnership, we’re advancing our mission to ensure every child has access to an excellent education and the opportunity to thrive.”

The daily chart shows XRP’s price holding above the key $2 support. Source: XRPUSDT on TradingView.com

At the time of writing, XRP, Ripple’s related token, is trading at $2.13, down 8% for the week.

Featured image from DALL-E, chart from TradingView.com



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